Moneycontrol PRO
Black Friday Sale
Black Friday Sale
HomeNewsTechnologyAutoMaruti Suzuki to hike vehicle prices this month amid rise in input costs

Maruti Suzuki to hike vehicle prices this month amid rise in input costs

The company has planned to increase the prices in April and the hike will vary for different models.

April 06, 2022 / 11:39 IST
     
     
    26 Aug, 2025 12:21
    Volume
    Todays L/H
    More

    The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday said it will increase prices of its entire model range this month amid rise in input costs.

    Over the past year, the cost of company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing.

    Also Read: Maruti Suzuki clocks highest-ever exports of 2.38 lakh units in FY22

    "Therefore, it has become imperative for the company to pass on some impact of the above additional costs to customers through a price hike," it added.

    Also Read: Maruti Suzuki sales up 2% at 1,70,395 units in March

    The company has planned to increase the prices in April and the hike will vary for different models.

    However, the company did not disclose the quantum of the proposed price hike.

    MSI has already hiked vehicle prices by around 8.8 per cent from January 2021 to March 2022 owing to constant increase in input costs.

    The company sells a range of models starting from Alto to S-Cross in the domestic market.

    Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day

    PTI
    first published: Apr 6, 2022 11:36 am

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347